

The Problem with Points
Dec 14, 2023
Jess sits down with Brian Flynn, Founder and CEO of Rabbithole to discuss the rise of points in the crypto industry and the challenges they present. They explore the drawbacks of points-driven businesses, the importance of substance behind tokens, and the potential shift towards on-chain actions for revenue generation. They also delve into the challenges of engaging the community without tokens and the importance of experimentation in consumer mobile apps and crypto projects.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 2min
Points vs. Tokens: The Challenges of User Rewards
02:09 • 21min
Exploring the Role of Off-Chain Actions and Revenue Generation in Protocols
22:43 • 3min
The Importance of Substance behind Tokens and the Challenges of Issuing Them
25:21 • 2min
Exploring On-Chain Rewards and Progressive Ownership
27:21 • 2min
The Future of Crypto Projects Without Tokens
29:36 • 12min